Core Viewpoint - The recent appointment of Sanna Marin as Japan's first female Prime Minister has led to a reevaluation of the yen's exchange rate, with market participants reacting positively to potential expansionary policies despite official statements against returning to "Abenomics" [1][2] Group 1: Market Reaction - The USD/JPY exchange rate rose to approximately 151.25, with a 0.38% increase from the previous close of 150.74 [1] - The exchange rate peaked at 151.60, reflecting a 0.58% increase due to overseas buying and the confirmation of Sanna Marin as Prime Minister [1] - The rise in the exchange rate slowed after hitting a resistance level at the 200-hour moving average of 151.54 [1] Group 2: Economic Policy Outlook - Market expectations suggest that the new government may implement expansionary fiscal measures, although officials have stated they will not revert to "Abenomics" [1] - The potential new Finance Minister, Katsuyuki Kitayama, indicated that the "real value" of USD/JPY should be between 120 and 130, suggesting a focus on yen depreciation concerns [1] Group 3: Technical Analysis - The intraday low for USD/JPY was recorded at 150.47, with key support levels identified at 149.39 (Ichimoku base line) and short-term support at 151.00, 150.90, and 150.75 [2] - Investors are closely monitoring the new government's policy direction and its impact on the yen's performance [2]
美元/日元上涨高市早苗为首相
Jin Tou Wang·2025-10-21 07:41